'Whistleblower' To Leave Enron

The New York Times reports that Sherrie Watkins, the so-called 'whistleblower' at the centre of the Enron affair, has resigned from the company to take up a position as a corporate governance consultant.

Ms Watkins worked at Enron for almost 10 years and became famous earlier this year when she confirmed to a US Congressional subcommittee hearing that she had warned Enron boss Kenneth Lay in a letter, before the failed energy giant's crash, that the business 'could implode in a wave of accounting scandals'.

After her appearance before Congress, Ms Watkins joined the lecture circuit talking about Enron and has also lectured on ethics. She was presented the CourtTV Scales of Justice Award by President Bush and is to jointly share a $500,000 publishing advance for a book about Enron, tentatively titled 'Power Failure'.

Watkins now plans to create a corporate governance group of retired lawyers and accountants to advise CEOs and boards of directors.